gt94sss2
Member of DD Central
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Post by gt94sss2 on Apr 3, 2015 4:12:24 GMT
I thought everyone invested in the first loan would have received the full CR, my email came through 31Mar 3:38pm and was linked as a 'conversation' to the first in Yahoo, so not immediately obvious. Just over an hour before the apparent deadline of 5pm, I might add... Just double checked and I didn't receive it - just the email to say a new loan was an option(with 2 attachments) and then the one saying it was full. As a soon to be shareholder, I do hope AC work out any gremlins in their comms...
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baldpate
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Post by baldpate on Apr 3, 2015 10:01:48 GMT
Just double checked and I didn't receive it - just the email to say a new loan was an option(with 2 attachments) and then the one saying it was full. Same for me - just the original roll-over offer
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Post by brummiefred on Apr 3, 2015 11:26:21 GMT
We (two accounts) do not appear to have received any communications!
Can someone tell me what date please.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Apr 3, 2015 11:43:58 GMT
We (two accounts) do not appear to have received any communications! Can someone tell me what date please. 30/3 15.45 from Stephen Fink - original comms 31/3 15.34 same sender- full CR 2/4 17.19 Assetz Capital Enquires - offer closed In each case sent to themselves presumably with relevant lenders CC
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jonno
Member of DD Central
nil satis nisi optimum
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Post by jonno on Apr 3, 2015 11:54:49 GMT
We (two accounts) do not appear to have received any communications! Can someone tell me what date please. Glad you elaborated re number of accounts, otherwise the the rumours that HRH is indeed from Perry Barr would have gained even more traction.
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Post by brummiefred on Apr 3, 2015 19:55:48 GMT
Thanks il moro, that has enabled me to double check emails and it does seem that my substantial
holding in 101 has been overlooked, and it is only down to this forum that I know about the
proposed rollover.
Jonno, I am more Great than Perry, don't you know!
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Post by mrclondon on Apr 4, 2015 10:22:42 GMT
To add to the confusion over the comms from AC for this rollover, I didn't receive either of the Stephen Fink emails (30 & 31/3), instead I received one from Dominic at 09:55 on 1st April with the credit report attached and giving a deadline for responses of 5pm on 2nd April. And then 17:13 on the 2nd the offer closed email.
As I have been running down exposure on this loan recently to fund other things I had less than £1k when the first 2 emails were sent. I'm guessing that there was a cut off of capitial outstanding initially .
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mikes1531
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Post by mikes1531 on Apr 4, 2015 11:12:07 GMT
To add to the confusion over the comms from AC for this rollover, I didn't receive either of the Stephen Fink emails (30 & 31/3), instead I received one from Dominic at 09:55 on 1st April with the credit report attached and giving a deadline for responses of 5pm on 2nd April. And then 17:13 on the 2nd the offer closed email. The emails I received (30th at 1537 with 'teaser' CR, and 31st at 1548 with full CR) came from Dominic rather than Stephen. Both stated the deadline as 1700 on the 31st. It was only from responses to questions I had put to Dominic after that deadline that I learned that further adjustments to rollover requests might be possible. The 'offer closed' email came from AC Enquiries at 1716 on the 2nd.
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Neil
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Post by Neil on Apr 4, 2015 11:21:09 GMT
Can't add much other than to say I received all the e-mails about this. The first 2 came from Stephen Fink.
My holding is minuscule. Hardly worth their time & effort switching me over to the new loan!
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mikeb
Posts: 1,072
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Post by mikeb on Apr 5, 2015 20:12:09 GMT
I had less than £1k when the first 2 emails were sent. I'm guessing that there was a cut off of capitial outstanding initially . It can't be that -- I only had £200 and got both the offer to roll forward by replying "YES" and a chaser to ask if I'd received it as I hadn't replied yet. Ironic that I'm getting nag messages about not replying to AC's comms. Especially as it didn't pose any questions that would require an answer, and there was no option to say "reply with NO if you are not interested". But also irritating, as they didn't action the "YES" email last time (and didn't bother explaining what happened).
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sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
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Post by sqh on Apr 8, 2015 13:35:19 GMT
I decided not to take up the offer of rolling over to the new loan, but have chosen to sell my existing units on the SM.
There are no units available to buy, so selling my units should be automatic when I reduce my target. No takers for 24hrs. I phoned AC this morning and find that the loan has been frozen for those who want to rollover and everybody else as well.
No warning.
No "Investment Paused" message.
No update on the loan.
No consideration for those who want to sell.
The 'system' is forcing me to hold units I don't want to hold.
AC your OUT OF ORDER
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bigfoot12
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Post by bigfoot12 on Apr 8, 2015 14:01:18 GMT
It is common on most platforms to suspend a loan from trading on the secondary market immediately before an early repayment. Having said that it is always better to let people know.
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sqh
Member of DD Central
Before P2P, savers put a guinea in a piggy bank, now they smash the banks to become guinea pigs.
Posts: 1,428
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Post by sqh on Apr 8, 2015 14:44:58 GMT
It is common on most platforms to suspend a loan from trading on the secondary market immediately before an early repayment. Having said that it is always better to let people know. On March 20th it was expected to repay on March 27th. On April 1st the borrower requested a redemption statement for April 7th. On April 2nd it was expected to repay tomorrow or Friday. The repayment of this loan is dependent on the sale of the property. I don't remember another loan on AC being halted two days before it may be repaid.
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Apr 8, 2015 16:57:17 GMT
It is common on most platforms to suspend a loan from trading on the secondary market immediately before an early repayment. Having said that it is always better to let people know. On March 20th it was expected to repay on March 27th. On April 1st the borrower requested a redemption statement for April 7th. On April 2nd it was expected to repay tomorrow or Friday. The repayment of this loan is dependent on the sale of the property. I don't remember another loan on AC being halted two days before it may be repaid. Ah, the special button they used on NLCP that suspends without telling anyone  The update says repayment tomorrow, so presumably it will roll at same time, but odd that it hasnt appeared in 'upcoming loans' for targets to be set by non-investors etc as mentioned in original email. 
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ilmoro
Member of DD Central
'Wondering which of the bu***rs to blame, and watching for pigs on the wing.' - Pink Floyd
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Post by ilmoro on Apr 23, 2015 16:52:49 GMT
This loan will probably not draw down simultaneously with existing loan repayment
Existing loan currently scheduled to repay tomorrow
Funds rolling over will be allocated as bids on the new loan
Borrower looking to drawdown new loan next Friday but may slip into following week
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